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European economies picking up will help LOGI.

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FUNMAN Member Level  Friday, 08/23/13 09:15:38 AM
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European economies picking up will help LOGI.

German Economy Rebounds On Spending, Investment

Germany confirmed its robust recovery during the second quarter, with domestic spending and investment boosting growth to the fastest pace since the start of 2012. The economy expanded as initially estimated by 0.7 percent in the second quarter from the previous three-month period, detailed results published by Destatis showed Friday. (Aug 23, 2013)

U.K. Q2 Growth Exceeds Initial Estimate

The rebound in exports and strong investment helped the U.K. economy to recover at a faster-than-initially-estimated pace in the second quarter. The economy expanded 0.7 percent sequentially in the second quarter, the Office for National Statistics said Friday. The rate exceeded the initial estimate of 0.6 percent and the first quarter's 0.3 percent expansion. (Aug 23, 2013)



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